USD/JPY upside risk remains visible - UOB Group

FXStreet (Łódź) - The Market Strategy Team at UOB Group suggest that USD/JPY risks remain skewed to the upside.

Key Quotes

"Kuroda’s latest comments coupled with firmer UST yields may keep the USD-JPY near the 115.00 ceiling in the near term with markets keen to push the envelope."

"The pair continues to exemplify diametrically opposing monetary policy directions and the upside risk remain visible despite recent up moves."